Author and innovation expert Michael Schrage argues that companies are increasingly looking for practical competence.

Author Michael Schrage, in his guest blog post in the Harvard Business Review, argues that the huge gap between higher educational credentials and actual competence make many college graduates highly unemployable. Schrage says that higher education leading to better jobs and higher employment is a myth and simply getting A's in exams does not really translate into acquiring good skills. In fact, networking with friends and alumni may be more valuable than going through with the curriculum.

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